Founding Father Quotes (and others) On Central Banks

Below are listed some quotes from the Founding Fathers (and others) concerning Central Banks (Federal Reserve / World Bank) Note: this page is still under construction, so check back with us for more information.

“Without big banks, socialism would be impossible.” – Vladimir Lenin

Thomas Jefferson

{The following has long been attributed to Jefferson, but was actually a compilation of his quotes with “by inflation and then deflation” added later by others (see below)}……“If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.

Thomas Jefferson wrote in 1825 to William Branch Giles of “a vast accession of strength from their younger recruits, who, having nothing in them of the feelings or principles of ’76, now look to a single and splendid government of an aristocracy, founded on banking institutions, and monied incorporations under the guise and cloak of their favored branches of manufactures, commerce and navigation, riding and ruling over the plundered ploughman and beggared yeomanry

Jefferson said in a letter to John Taylor in 1816, “And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.

“Bank-paper must be suppressed, and the circulating medium must be restored to the nation to whom it belongs.” Thomas Jefferson to John Wayles Eppes

George Washington, in letter to
J. Bowen, Rhode Island,

Jan. 9, 1787 “Paper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice.”

John Maynard Keynes:

In 1919, John Maynard Keynes, later an advisor to Franklin D. Roosevelt, wrote in his book The Economic Consequences of Peace: “Lenin is to have declared that the best way to destroy the capitalist system was to debauch the currency … By a continuing process of inflation, governments can confiscate secretly and unobserved, an important part of the wealth of their citizens … As the inflation proceeds and the real value of the currency fluctuates wildly from month to month, all permanent relations between debtors and creditors, which form the ultimate foundation of capitalism, become so utterly disordered as to be almost meaningless…”

President John Garner

In 1933, Vice-President John Garner, when referring to the international bankers, said: “You see, gentlemen, who owns the United States .”

Senator Barry Goldwater

Sen. Barry Goldwater wrote in his book With No Apologies: “Does it not seem strange to you that these men just happened to be CFR (Council on Foreign Relations) and just happened to be on the Board of Governors of the Federal Reserve, that absolutely controls the money and interest rates of this great country. A privately owned organization … which has absolutely nothing to do with the United States of America !”

Edward House

In a letter to Edward M. House (President Wilson’s closest aide), dated November 23, 1933, Franklin D. Roosevelt said: “The real truth of the matter is, and you and I know, that a financial element in the large centers has owned the government of the U.S. since the days of Andrew Jackson.”

President Kennedy

More Resources:

Secret Federal Reserve  loans gave banks 13 Billion undisclosed to Congress

Federal Reserve earned 77.4 Billion in 2011.

Robert Hillmann explains the goals of the Federal Reserve in the following article:  Reinventing Government

The establishment of the Central Bank (Federal Reserve) is  number 5 of the Ten Planks of the Communist Manifesto



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About Roma Cox

Education has always been my passion, and I am blessed beyond measure to be allowed to serve in this way. We offer many educational products and school supplies, information, workshops, news letters, tutoring services, volunteer work, and free consultations. Roma can be reached at (904)317-5330 from 9:00 A.M. to 5:00 P.M. EST-U.S.
This entry was posted in American History, Lesson Plans, The Economy, The U.S. Constitution and tagged , , , . Bookmark the permalink.

3 Responses to Founding Father Quotes (and others) On Central Banks

  1. Pingback: The History Of Money And The Economy | educators-site-blog

  2. You have complied a great list of Founding Father Quotes. You have included some of my favorite quotes in this list. Thomas Jefferson did have a lot to say about banking.

  3. Collin says:

    “WICKED DEBT FRAUD” (REVISED) The one and ONLY answer to the debt problem is to declare it null and void because of FRAUD! It is fraud because it is mathematically impossible to repay! It cannot be repaid because the interest is never created on the loan and that is fraud and fraud voids all! If we don’t void all out of thin air debt, the bankers will own almost EVERYTHING! We will be homeless slaves! They have a license to counterfeit! Can I counterfeit the money to repay the loan? Why not? They counterfeited it to lend it to me? If we even attempt to repay an impossible debt (All out of thin air debt) all we do is show our ignorance! The way to fix this mess is so simple a 3rd grader can figure it out! We void the fraudulent debt and everyone keeps ALL the items they have so called debt on! Then we can start to use a debt free currency and / or gold and silver! Then we will have a robust economy like never before — OR WE LET THE BANKERS STEAL EVERYTHING!
    I was in about the third grade when the news was talking about the national debt and I asked my dad “who do we owe money to? And who could possibly be richer than the United States? And where did they get the money?” And then my dad took a gulp off his beer and said “we owe it to ourselves!” I said “that’s the dumbest thing I’ve ever heard of!” That’s like me borrowing from my right pocket and setting fire to the interest and putting the rest in my left pocket! This was about 1972! But Dad was wrong! We owe it to international Bankers running the biggest Ponzi scheme on earth called The Federal Reserve System! And yes it really is this simple! The bankers have a shoe-in on ALL loans they make! All they have to do is stop lending and then start foreclosing on ALL debts! -meaning they now own everything that has a debt by having a license to counterfeit! So we #1 keep getting fleeced by continuing to pay this fraudulent scheme! OR #2 We declare ALL out of thin air debt NULL AND VOID because of FRAUD! And we keep everything we have so called debt on! MOST people don’t get this part! Every car, boat, house, machine, tool, farm,etc. has already been paid for by the fraudulent paper! So no one loses! (except the fraudsters) WE sure as hell can’t give it to the banksters! (let them steal it) AND IT DOESENT MATTER IF THE BANKERS FORGAVE THE DEBT BY 99% ITS STILL UNPAYABLE! (BECAUSE THE INTREST DOES NOT EXIST ) So when we void the FRAUD This will be the ultimate FRESH start for everyone! Share this if you want THE solution to the WORLD’S problems! If not, everything will continue to get worse until we have HONEST DEBT FREE MONEY and / or GOLD AND SILVER! And there is plenty of gold and silver! Just Divide the paper money (FRN) by the gold /silver and you have the value of them! NO MATTER WHAT IT COMES TO per OZ! Then we would be happy to work for SAY A ONE OZ. SILVER COIN A day ! Because a one OZ. silver coin (REAL MONEY) will buy what $100 – $200 or more did before the reset! THINK ABOUT IT! This is what Scripture calls the jubilee! “WICKED” Debt And the amount and size of the debt has nothing to do with it being mathematically impossible to pay! This fraud is so “WICKED” that even a $10 loan is a Ponzi scheme here’s how it works! I’m the new banks first customer, I borrow $10 @ 1% interest I now owe the bank $10.10 but ALL the money in the world is $10 the .10 cents doesn’t exist (BECAUSE THE INTREST IS NOT CREATED) so some one else has to borrow some so called money and I have to find a way to get .10 cents from them so I can repay my loan! Now say they borrowed $10 also now I somehow get .10 cents from them to pay my loan back! But now he is short .20 cents to pay his loan! Now you can see how a $100,000 house that will cost you $265,000 to pay off because you have to pay $165,000 in interest (THAT DOES NOT EXIST) is a GIGANTIC PONZI SCHEME! Now multiply that by millions of people in the U.S. and you can see how It turned into the monster debt we see today! And for the loans that do get repaid multiple people have to default on there loans for you to pay off your loan! NOW you can understand why we have a rapidly growing homeless problem! Now that is a WICKED debt money system that we must declare Void!

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